MobilePay lets you pay by card, without your card

MobilePay offers consumers a way to pay by credit or banking card without having your physical card on hand by linking it to an iPhone app that automatically authenticates with vendors to transfer payment. The service is going into closed beta today after operating in stealth mode for the past couple of months, it announced today at TechCrunch Disrupt in San Francisco.

Google offers its own spin on mobile payments for Android users

While not exactly a competitor to the hot mobile payment startup Square, Google released last week a mobile payment option of its own for merchants and Android phone users. The company has developed the new Android Payment extension, which merchants can use to allow Android users to pay for items with Google Checkout, reports ReadWriteWeb.